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Infrastructure and Property

Infrastructure and Property latest

Azizi Developments reaches 50% construction completion at Creek Views III
January 22nd, 2026 - 08:25 GMT

Azizi Developments reaches 50% construction completion at Creek Views III

Azizi Developments, a leading private developer in the UAE, has announced that construction at Creek Views III, its luxury development on the shores of the iconic Dubai Creek in Dubai Healthcare City, has now reached 50%. The project is on track for its delivery in Q2 2026. Structural works have been completed, with blockwork reaching 95% and internal plastering at 75%. MEP works have progressed to 59%, while HVAC installations have attained 67%. Façade works are currently 35% complete, elevator installations stand at 20%, and tiling works 16%. Overall finishes ...
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The 2016 results – which take Nakheel’s cumulative results since 2010 to Dh19.9 billion – follow improved year-on-year performances by the company’s retail, hospitality and residential leasing businesses. (File photo)
February 1st, 2017 - 12:00 GMT

UAE developer Nakheel announces record $1.35B net profit

In 2016, the Dubai market registered the highest RevPAR of $200, followed by Jeddah, which registered a RevPAR of $196. (Shutterstock/Esherez)
February 1st, 2017 - 08:00 GMT

Middle East hospitality market witnessed drop in RevPAR in 2016: EY

Yas Viceroy in Abu Dhabi
January 31st, 2017 - 07:03 GMT

Aldar supports dialogue for regional hotel investors as GIOHIS returns

The ocean tank will have 1.7 million litres of sea water and will be stocked with fish and sharks from the coasts of Oman.  (Crossley Architects)
January 26th, 2017 - 09:00 GMT

Oman's Palm Mall Aquarium on track for 2018 opening

The project is aimed at helping ease travel for millions of religious pilgrims who visit the Iraqi city of Karbala each year.  (Adp-i)
January 26th, 2017 - 07:00 GMT

UK's Copperchase wins contract for Iraq's Mid-Euphrates Airport revamp

The unique floating architectural structure is set to become a major future landmark in Dubai's cityscape. (Marasi)
January 25th, 2017 - 07:00 GMT

Dubai: Finland's Admares awarded contract for Marasi Business Bay's floating homes

Marasi Business Bay
January 24th, 2017 - 09:18 GMT

Dubai Properties Title sponsor of the world’s fastest growing watersport, ‘Dragon Boat Festival’ at Marasi Business Bay

AYKON City
January 23rd, 2017 - 10:02 GMT

Last chance to get a car on the house from DAMAC Properties this DSF

This year will also see Bvlgari opening hotels in Beijing and Shanghai, which will be followed by a Moscow presence in 2018-19.  (MyLuxury.it)
January 23rd, 2017 - 05:31 GMT

Bvlgari apartments to bring a touch of bling to Dubai's Jumeirah Bay Island

Egypt's currency devaluation has increased costs for the construction industry, negatively impacting developers’ cash flows.  (AFP/File)
January 18th, 2017 - 12:30 GMT

Egypt's pound devaluation pummels real estate sector

Property analysts say that beach closures aren't new to Dubai, as new projects are being proposed, constantly changing the emirate's skylines.  (Shutterstock)
January 18th, 2017 - 10:25 GMT

Dubai's beachfront property: Now you see it, now you don't

Kuwait's private sector will contribute 16.9 percent of the infrastructure spend. (Shutterstock/Mike Dotta)
January 17th, 2017 - 12:18 GMT

Kuwait to spend $15.6B on infrastructure projects in 2017-2018

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